Strategic Development Fund has agreed to increase its ownership in Marix to a majority stake. The fund is wholly owned by EDGE Group. Marix is a UAE maritime technology company that builds uncrewed surface vessels.
Investment history
SDF first bought a minority stake in Marix in 2022. That investment supported the Marip-12 prototype, which is now operational. Sovereign Global Solutions Limited will keep a minority stake.
Company focus
Marix designs, produces, and operates autonomous surface vessels. The company was previously known as Sovereign Global Solution Middle East. It is positioned to serve offshore energy demand as the UAE expands production capacity.
Next vessel
Marix has completed the design phase of Marip-24. This next-generation uncrewed surface vessel is built for larger offshore missions. Planned uses include subsea inspection, maintenance, surveys, and work-class ROV operations.
Marip-24 will soon move toward production in the UAE. The platform builds on the operational experience of Marip-12, which has been classed for uncrewed operations. The Marip family is part of an AI-capable maritime technology ecosystem.